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Morocco stocks lower at close of trade; Moroccan All Shares down 1.05%

Published 01/03/2019, 12:05 PM
© Reuters.  Morocco stocks lower at close of trade; Moroccan All Shares down 1.05%
MASI
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ADH
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CRS
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M2M
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MDP
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CMA
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AFI
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BANK
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BMC
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IMMOB
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Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Real Estate, Construction & Building Materials and Banking sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares fell 1.05%.

The best performers of the session on the Moroccan All Shares were Cartier Saada (CS:CRS), which rose 9.97% or 3.19 points to trade at 35.19 at the close. Meanwhile, Med Paper (CS:PAP) added 9.95% or 2.13 points to end at 23.53 and Afric Industries Sa (CS:AFIND) was up 5.93% or 16.00 points to 286.00 in late trade.

The worst performers of the session were Ciments Du Maroc (CS:SCM), which fell 6.06% or 100 points to trade at 1550 at the close. M2M Group (CS:M2M) declined 6.00% or 30.00 points to end at 470.00 and Douja Prom Addoha (CS:ADH) was down 5.99% or 1.00 points to 15.70.

Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 20 to 15 and 3 ended unchanged.

Shares in Cartier Saada (CS:CRS) rose to all time highs; up 9.97% or 3.19 to 35.19.

Crude oil for February delivery was up 0.19% or 0.09 to $46.63 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.66% or 0.36 to hit $55.27 a barrel, while the February Gold Futures contract rose 0.60% or 7.70 to trade at $1291.80 a troy ounce.

EUR/MAD was down 0.29% to 10.8660, while USD/MAD fell 0.76% to 9.5350.

The US Dollar Index Futures was down 0.56% at 95.880.

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